The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Lord Abbett National Tax Free I LTNIX
- NAV / 1-Day Return 10.45 / 0.00
- Total Assets 4.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.570%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.72%
- Effective Duration 7.74 years
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis LTNIX
Will LTNIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 6.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 0.89 | 38.5 Mil | municipal |
PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 6% | 0.78 | 33.6 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | 0.72 | 31.2 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | 0.66 | 28.7 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | 0.63 | 27.4 Mil | municipal |
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | 0.61 | 26.4 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 4% | 0.58 | 25.0 Mil | municipal |
PEFA INC IOWA GAS PROJ REV 5% | 0.56 | 24.2 Mil | municipal |
METROPOLITAN PIER & EXPOSITION AUTH ILL REV 4% | 0.55 | 23.8 Mil | municipal |
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | 0.54 | 23.3 Mil | municipal |